Notebook manufacturers can use the same printing equipment to produce either notebooks or greeting cards.
Which of these changes would lead to more notebooks being offered for sale at each possible price?
More notebook manufacturers enter the market
Productivity falls in notebook manufacturing
The market price of greeting cards rises
An indirect tax is introduced on notebooks
81 exam-style questions on OCR GCSE Economics 2.3 Supply, covering 2.3.1 What is supply, 2.3.2 Draw a supply curve using data, 2.3.3 Explain a supply curve, 2.3.4 Shifts and movements of the supply curve, 2.3.5 Causes and consequences of supply changes, 2.3.6 Price elasticity of supply, 2.3.7 Draw supply curves of different elasticity, and 2.3.8 Importance of price elasticity of supply. Each one has a worked solution and a mark scheme showing where the marks go.